One of the first challenges for new Distributed Ledger projects is which software to choose. There’s a lot of hype, so the only way to figure it out is by trying each platform, which is time-consuming. Insurance automation startup ChainThat has a team of technical founders, and they’ve been tinkering with the main options since 2015.
As a startup, they can be more frank, compared to some of the corporate projects where there’s a concern about being critical.
The team started with Ehereum, and moved onto Eris (Monax), Hyperledger Fabric, Quorum and eventually settled on R3’s Corda. In the early days, they didn’t want to take a bet on a single technology, so they created their own Insurance Blockchain Framework that sits in between the DLT side of things and what they expose to the customer. So they can support multiple DLT framework flavors but are bullish about Corda.
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